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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
ASSETS:    
Cash and cash equivalents $ 1,768.3 $ 3,270.0
Accounts receivable, net of allowance of $57.4 and $68.5, respectively 4,121.1 5,177.7
Accounts receivable, billable to clients 2,158.0 2,347.2
Assets held for sale 16.2 8.2
Other current assets 471.3 428.7
Total current assets 8,534.9 11,231.8
Property and equipment, net of accumulated depreciation and amortization of $1,243.3 and $1,201.6, respectively 632.9 675.8
Deferred Income Tax Assets, Net 267.2 301.4
Goodwill 4,803.4 4,908.7
Other intangible assets 774.9 847.5
Operating lease right-of-use asset 1,391.6 1,544.4
Other non-current assets 470.3 399.6
TOTAL ASSETS 16,875.2 19,909.2
LIABILITIES:    
Accounts payable 6,535.6 8,960.0
Accrued liabilities 669.3 918.1
Contract liabilities 659.8 688.5
Short-term borrowings 55.8 47.5
Current portion of long-term debt 0.6 0.7
Current portion of operating leases 237.8 265.8
Liabilities held for sale 10.3 9.4
Total current liabilities 8,169.2 10,890.0
Long-term debt 2,902.5 2,908.6
Non-current operating leases 1,409.6 1,576.0
Deferred compensation 293.2 329.1
Other non-current liabilities 634.5 600.7
TOTAL LIABILITIES 13,409.0 16,304.4
Redeemable noncontrolling interests 9.1 15.6
STOCKHOLDERS' EQUITY:    
Common stock 39.6 39.3
Additional paid-in capital 1,239.3 1,226.6
Retained earnings 3,449.9 3,154.3
Accumulated other comprehensive loss, net of tax (1,102.6) (894.2)
Stockholders' Equity before Treasury Stock 3,626.2 3,526.0
Treasury Stock, Value (221.6) 0.0
Total IPG stockholders' equity 3,404.6 3,526.0
Noncontrolling interests 52.5 63.2
TOTAL STOCKHOLDERS' EQUITY 3,457.1 3,589.2
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 16,875.2 19,909.2
Parentheticals:    
Allowance for doubtful accounts receivable 57.4 68.5
Accumulated depreciation, property and equipment $ 1,243.3 $ 1,201.6